Real Estate Markets & Economy
Landlords are confronting the fact that their commercial real estate holdings are becoming increasingly obsolete
Futures markets still hold out hope for a March rate cut, even as annual inflation increased to 3.4% in December, moving away from the Fed's 2% goal for the first time since September
A new report from StreetEasy suggests that the World's Borough will be crowned the hottest borough in New York City after a stellar 2023
Mortgage purchase applications and new listings have improved in recent weeks, thanks to a 25% decline in mortgage rates from October's peak of nearly 8%
Manhattan has been experiencing a buyers' market since the summer of 2022, a new report argues, but the winds are about to shift
Demand for purchase loans picked up last week as would-be homebuyers took advantage of rates that are still a full percentage point lower than 2023 highs, MBA lender surveys show
Clever Real Estate's latest survey revealed the sacrifices millennials are willing to make to buy, including taking on higher interest rates, buying major fixer-uppers and working multiple jobs
RE/MAX CEO Nick Bailey says it's time to change the narrative on homeownership through education and solutions-oriented service
The median asking rent fell 0.8% year over year during the last month of 2023, according to a new report by Redfin, which attributes the fall to an increase in supply
A record number of consumers surveyed by Fannie Mae expect mortgage rates to keep falling, a 'significant shift' in expectations that could free homeowners from the so-called 'lock-in effect'
Does the rapid slowdown in the economy mean a recession is now inevitable in the new year, or is a 'soft landing' still possible? Economists are divided on the nation's economic outlook for 2024
Voters are set to decide whether to increase the tax paid on real estate sales above $1M. Landlords and business groups say referendum violates the state constitution
J. Michael Issa of B. Riley Financial is alleging in a lawsuit filed in LA Superior Court last month that the city reneged on its word that permits on the property's building site were still active
Zillow is once again predicting that more affordable markets will be the ones to watch in 2024, with Buffalo, New York, taking the top spot
After rates fell from October highs, homebuyers with a new mortgage are paying about $400 less each month. Still, there's no buying spree — yet
The membership of the National Association of Realtors shrank by 1.7% last year as the trade group weathered a tough market and major lawsuits
With the acquisition of Weidel Real Estate, the New Jersey-centered Corcoran Group franchisee is adding 180 agents and seven new offices to its ranks as it breaks into the Pennsylvania market